The current socioeconomic system will be turned completely upside down. The way that we think about and use money will become totally outdated in the near future.
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Innovation and the power of creativity is the reason we are all here on Steemit. We Steemians see the value that Blockchain technology creates and we know that the way we use the internet is changing. This may be true, but I personally had my eyes opened recently to just how paradigm shifting Blockchain and the creation of Bitcoin as well as other alternative cryptocurrencies will be!
One of the reasons why we love the Internet is because of the global connectivity that it provides us. We are able to send information/data across the world in an instant without necessarily relying on a third party to 'okay' every message we choose to send to each other.
That is not the case when it comes to transferring money on a global scale. We all know about having to endure those "3-5 business days" it takes to make transactions from place to place. All that we want is for that transfer of value to occur right when both parties agree on the trade. Having to deal with those guidelines comes from managing our money through banks and governments that are most certainly now using a completely outdated way to track and process such transactions. The creation of Bitcoin and the development of Blockchain technologies will bring an end to the dominance of the financial elite, their industry and the classic idea of classism.
Below is a keynote speech by Andreas Antonopoulos that was delivered to an audience at Internetdagarna 2017 in Sweden. Mr. Antonopoulos is also known as "The Bitcoin Jesus" due to his knowledge of Blockchain and cryptocurrencies like Bitcoin. I always appreciate watching his videos because his delivery and cadence of speaking about the subject of Blockchain techonologies is humorous yet absolutely informative.
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As Mr. Antonopolous stated, "This is a technology that has radical disruptive implications for the world at large. It creates for the first time in human history the possibility of the free flow of money to anyone, anywhere, at anytime without any restrictions, controls or central authourity. It creates the possibility of free flow of money for all of humanity.